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ventures, exploration

Skygold Ventures

While exploring its Spanish Mountain Property in south-central British Columbia has made one of the most important gold discoveries in recent provincial history sparking the largest staking rush ever recorded in the province.

The interest level exploded

after the bulk tonnage gold discovery at Spanish Mountain was confirmed to belong to a variety of gold deposits known as Sediment Hosted Gold Systems which host some of the largest gold dominated systems in the world.

Skygold holds a technical advantage

from the knowledge and data being produced from the Spanish Mountain discovery and used it quickly to play a dominant role in the development of an emerging new gold district stretching some 500 miles through the Quesnel Trough of central B.C.

After acquiring one of the largest land packages in the belt

Skygold completed a massive regional exploration program to identify the potential for addition sediment hosted gold systems. Initial result have identified four new targets, each demonstrating moderate to strongly anomalous gold geochemical values.

The company’s flagship project Spanish Mtn

Remains the centre of focus for the entire camp. Mineralization within the Main Zone is associated with at least three separate, sub-parallel stratigraphic horizons up to 500 m wide and up to 135 m thick. Geophysics completed in 2006, in conjunction with drilling and surface sampling has defined these favorable horizons over at least 2.5 km. The extent of drilling within the Main zone has tested only 20% of this area to date with a 97% success rate.

Latest news

With reference to its press release dated January 28, 2003, Skygold Ventures Ltd. (“Skygold”)wishes to clarify that the option agreement with Wildrose Resources Ltd. (“Wildrose”) dated January 20, 2003, which among other things provided for certain cash and cash and/or share payments to certain underlying claim holders, also includes payments to the underlying holders of theContinue Reading SKYGOLD PROVIDES CLARIFICATION ON OPTION AGREEMENT FOR SPANISH MOUNTAIN

Skygold Ventures Ltd. (“Skygold” or the “Company”) (SKV-TSXV) is pleased to announce the discovery of a new zone of gold mineralization (“Thunder Ridge Showing”) on its 100% owned Spanish Creek Project in central British Columbia. The Spanish Creek Project is located approximately 100 km southeast of Skygold’s flagship Spanish Mountain Project. An initial phase of drilling,Continue Reading SKYGOLD DRILLING INTERSECTS HIGH-GRADE GOLD AT SPANISH CREEK

Skygold Ventures Ltd. (“Skygold” or the “Company”) (SKV-TSXV) is pleased to announce that a reconnaissance diamond drilling program is underway on the SHG regional properties in British Columbia. Drilling will focus on the Spanish Creek Property (located approximately 90 km southeast of the Company’s flagship Spanish Mountain Property) and the Manson Creek Property (located approximately 400 kmContinue Reading SKYGOLD DRILLING UNDERWAY ON THE SHG PROPERTIES

Notable partners

An aggressive exploration campaign for all targets including a 60,000 metre drilling effort at Spanish Mountain alone will continue to provide a flood of development news for Skygold and the Sediment Hosted Gold Belt of central British Columbia.